Plan Ledger DOL Form 5500 · updated monthly

Leaders in Our Neighborhood Charter School403(b)

LEADERS IN OUR NEIGHBORHOOD CHARTER SCHOOL 403(B) DC PLAN · BRONX, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Leaders in Our Neighborhood Charter School reported $1,200 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,398 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.009% to 0.008%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New York (2,842nd of 5,648), and 1,761st of 3,091 in educational services. In 2024, employees put in $1.32 for every $1.00 the employer contributed; active participation has shrunk from 188 to 132 since 2022.

Plan summary
Net assets, end of year$16,123,641
Participants with balances414
Active participants132
Employer contributions$448,531
Employee contributions$590,816
Employer contribution per active participant$3,398
Average account balance$38,946
Benefits paid to participants$860,449
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.1M · 414 accts · $449K emplr
2023$14.3M · 416 accts · $524K emplr
2022$12.0M · 409 accts · $544K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,200
Total administrative$1,200
Employer contributions to the Leaders in Our Neighborhood Charter School plan · 2024
Employer contribution per active participant$3,398
Median for plans this size$2,416
2024$3,398 per active participant
2023$3,295 per active participant
2022$2,892 per active participant

Leaders in Our Neighborhood Charter School's 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
TIAA- TEACHERS INSURANCE AND ANNUIT · Recordkeeping · Custodial$3,450

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024TIAA
2023TIAA

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,200 · 0.01%
2023$900 · 0.01%
2022$1,096 · 0.01%
Similar plansEducational Services · New York
Cicatelli Associates Inc. NY$17.0M · 0.08%
Fred S. Keller School NY$16.5M · 0.59%
Cam-Held Enterprises, Inc. NY$15.6M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 743162136 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.